In a liquidity trap, expansionary monetary policy has __________ effect on output, and expansionary fiscal policy has __________ effect on output
A) no; no
B) no; a strong
C) a strong; no
D) a strong; strong
B
Economics
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Economists assume that
A) people put other people's interests ahead of their own. B) individuals behave in unpredictable ways. C) consumer behavior is explained by the existence of unlimited resources. D) optimal decisions are made at the margin.
Economics
If corporate profits increase rapidly, the main beneficiaries are its
a. common stockholders b. managers c. bondholders d. preferred stockholders e. convertible stockholders
Economics